CRYPTOCURRENCY
Crypto News
The definition of a cryptocurrency is a digital asset containing cryptographic protocols that make transactions secure and immutable. Cryptocurrencies are built on top of distributed ledger technology, blockchain — which allows it to be decentralized and immune to government control and interference. Transactions involving cryptocurrencies involve public and private keys, enabling minimal processing fees, allowing users to be able to make transfers without traditional third-party institutions.
The definition of a cryptocurrency is a digital asset containing cryptographic protocols that make transactions secure and immutable. Cryptocurrencies are built on top of distributed ledger technology, blockchain — which allows it to be decentralized and immune to government control and interference. Transactions involving cryptocurrencies involve public and private keys, enabling minimal processing fees, allowing users to be able to make transfers without traditional third-party institutions.
Crypto Market Cap Slumps Below $900B for the First Time Since Jan 2021
The downfall of FTX has stirred a slump in the combined crypto market cap below $900B
Crypto Exchange Gate.io Floats its Payment Solution Dubbed Gate Pay
Gate.io has launched its own crypto payment gateway dubbed Gate Pay
OCC Issues Update to Organize a Virtual Innovation Office Hours
The US OCC has created virtual office hours to discuss fintech and possibly crypto-related innovations
UK Parliament Committee Set Out Inquiry Into Risks and Benefits of NFTs
A group in the UK's House of Commons are now planning to launch an inquiry into the operation, risks, and benefits of NFTs and the blockchain at large, as well as to see how the industry could impart the UK economy.
IRS is Developing 'Hundreds' of Crypto Cases Amid Upcoming Tax Season
The United States IRS is building crypto cases and is looking toward hiring new hands to help handle its operations
Santander Imposes Limit on Crypto Transactions for UK Customers
Santander to impose a £1,000 transaction limit on its crypto customers in the UK
Goldman Sachs to Launch Data Service to Classify Digital Assets
Goldman Sachs has floated a new crypto categorization tool dubbed Datanomy
BIS to Adopt DeFi Implementation in Forex CBDC Markets
The Bank for International Settlements (BIS), along with the “Eurosystem” – central banks of France, Singapore, and Switzerland will be launching a new project called “Project Mariana.”
Union Bank of The Philippines Launches Crypto Trading Services
The Union Bank of the Phillippines has launched crypto trading services for its customers in partnership with Metaco
Gemini Expands Services to Six European Nations
U.S-based cryptocurrency exchange Gemini has announced the launch of its services in six European Nations.